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Oct 23
Canadian (TSX) Commodity Chemicals Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies9
- 7D1.3%
- 3M-7.3%
- 1Y10.0%
- YTD1.4%
The Commodity Chemicals industry is up 1.3% in the last week, with Methanex up 6.3%. Meanwhile, NanoXplore actually underperformed within the industry, shrinking 10% in the last week. In the last 12 months, the industry was up 10%. Looking forward, earnings are forecast to decline by 9.7% per year.
Industry Valuation and Performance
Has the Canadian Commodity Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Oct 2023 | CA$5.4b | CA$8.1b | CA$379.8m | 9.7x | 14.1x | 0.7x |
| Thu, 28 Sep 2023 | CA$5.7b | CA$8.2b | CA$436.0m | 8.7x | 13x | 0.7x |
| Sat, 26 Aug 2023 | CA$5.4b | CA$8.2b | CA$434.5m | 8.2x | 12.4x | 0.7x |
| Mon, 24 Jul 2023 | CA$5.7b | CA$8.3b | CA$472.6m | 7.8x | 12x | 0.7x |
| Wed, 21 Jun 2023 | CA$5.5b | CA$8.3b | CA$469.2m | 7.4x | 11.7x | 0.7x |
| Fri, 19 May 2023 | CA$5.7b | CA$8.4b | CA$477.3m | 9.8x | 12x | 0.7x |
| Sun, 16 Apr 2023 | CA$5.9b | CA$8.5b | CA$491.7m | 8.3x | 12x | 0.7x |
| Tue, 14 Mar 2023 | CA$6.3b | CA$8.9b | CA$507.3m | 9.2x | 12.4x | 0.7x |
| Thu, 09 Feb 2023 | CA$6.9b | CA$8.6b | CA$328.5m | 8.1x | 21x | 0.8x |
| Sat, 07 Jan 2023 | CA$5.8b | CA$9.0b | CA$543.0m | 5x | 10.7x | 0.6x |
| Mon, 05 Dec 2022 | CA$5.6b | CA$9.0b | CA$544.0m | 5x | 10.2x | 0.6x |
| Wed, 02 Nov 2022 | CA$5.3b | CA$8.9b | CA$539.8m | 5x | 9.7x | 0.6x |
| Fri, 30 Sep 2022 | CA$4.8b | CA$9.0b | CA$544.5m | 5x | 8.8x | 0.5x |
| Sun, 28 Aug 2022 | CA$5.8b | CA$8.6b | CA$521.1m | 7x | 11.2x | 0.7x |
| Tue, 26 Jul 2022 | CA$5.7b | CA$8.4b | CA$460.7m | 6.9x | 12.3x | 0.7x |
| Thu, 23 Jun 2022 | CA$5.5b | CA$8.4b | CA$465.3m | 5.7x | 11.8x | 0.7x |
| Sat, 21 May 2022 | CA$6.6b | CA$8.3b | CA$459.4m | 7.1x | 14.3x | 0.8x |
| Mon, 18 Apr 2022 | CA$7.7b | CA$7.9b | CA$392.7m | 8.4x | 19.6x | 1x |
| Wed, 16 Mar 2022 | CA$7.3b | CA$8.0b | CA$402.0m | 7.8x | 18.2x | 0.9x |
| Fri, 11 Feb 2022 | CA$7.5b | CA$7.7b | CA$551.5m | 7.7x | 13.6x | 1x |
| Sun, 09 Jan 2022 | CA$7.3b | CA$7.1b | CA$264.2m | 13x | 27.5x | 1x |
| Tue, 07 Dec 2021 | CA$7.2b | CA$7.2b | CA$266.2m | 12.1x | 26.9x | 1x |
| Thu, 04 Nov 2021 | CA$7.5b | CA$7.1b | CA$241.5m | 13.4x | 31.1x | 1.1x |
| Sat, 02 Oct 2021 | CA$7.5b | CA$6.6b | CA$48.6m | 14.9x | 155x | 1.1x |
| Mon, 30 Aug 2021 | CA$6.4b | CA$6.4b | CA$47.1m | 15.9x | 135.5x | 1x |
| Tue, 06 Jul 2021 | CA$5.8b | CA$6.4b | CA$47.1m | 14.8x | 123.4x | 0.9x |
| Fri, 09 Apr 2021 | CA$6.1b | CA$5.8b | -CA$148,943,795.77 | 11.9x | -41.2x | 1.1x |
| Thu, 31 Dec 2020 | CA$6.1b | CA$5.5b | -CA$331,007,337.30 | 6.5x | -18.3x | 1.1x |
Price to Earnings Ratio
-14.5x
Current Industry PE
- Investors are pessimistic on the Canadian Commodity Chemicals industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 14.1x which is lower than its 3-year average PE of 20.0x.
- The industry is trading close to its 3-year average PS ratio of 0.84x.
Past Earnings Growth
- Total earnings for the Commodity Chemicals industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 13% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Canadian Commodity Chemicals compare with similar industries?
| CA Market | -1.70% | |
| Materials | -1.65% | |
| Chemicals | -4.71% | |
| Commodity Chemicals | 1.29% | |
| Diversified Chemicals | 0% | |
| Industrial Gases | -1.75% | |
| Specialty Chemicals | -3.97% | |
| Fertilizers and Agricultural Chemicals | -5.52% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MX Methanex | CA$57.20 | 6.1% +CA$221.7m | 20.3% | PE15.3x | |
| CHE.UN Chemtrade Logistics Income Fund | CA$8.22 | 0.6% +CA$5.8m | 11.5% | PE4.2x | |
| ATHR Aether Catalyst Solutions | CA$0.035 | 16.7% +CA$268.3k | -65.0% | PE-7.2x |